GARP Research Gives Buy Rating to RealD (RLD)
A number of other analysts have also recently weighed in on RLD. Analysts at Stifel Nicolaus raised their price target on shares of RealD to $15.00 in a research note to investors on Friday, June 1st. Analysts at Dougherty & Co upgraded shares of RealD from a “neutral” rating to a “buy” rating in a research note to investors on Wednesday, March 14th.
RealD traded down 2.85% on Wednesday, hitting $11.59. RealD has a 1-year low of $7.85 and a 1-year high of $25.72. The company has a market cap of $633.2 million and a price-to-earnings ratio of 18.35.
RealD last released its earnings data on Thursday, May 31st. The company reported $0.10 EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.08) by $0.18. The company’s quarterly revenue was down 14.5% on a year-over-year basis. Analysts expect that RealD will post $0.22 EPS next quarter.
RealD Inc. (RealD) is a global licensor of three-dimensional (3D) technologies. Its property portfolio enables a 3D viewing experience in the theater, the home and elsewhere.